New Zealand Refining : Financial Result 2016 - Appendix 7

APPENDIX 7 - NZSX Listing Rules EMAIL:[e-mail]

Notice of event affecting securities

NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10.

For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required.

D

Number of pages including this one (Please provide any other relevant details on addiiional pages)

Full name

of Issuer The New Zealand Refining Company Limited

Name of officer authorised to

make this notice jo.M.Jensen

Authority for event,

e.g. Directors' resolution

IDirectors Resolution

Contact phone

number J og 432 8311

Contact fax number

Date

21 I 02 I 2017

Nature of event

Tick as appropriate

Bonus

Issue D

Rights Issue

/f licked,

state whether:

Capital Call

Taxable D

Oi

INon Taxable D

If licked, state

Conversion D Interest D

Full

Rights Issue Renouncable

non-renouncableO

change D D

IX whether: Interim:J

Year l:z: Specia!:J DRP Applies D

EXISTING securities affected bv this If more than one security is affected by the event, use a separate form.

I

Description of the

class of securities ordinary Shares

/SIN

INZNZRE0001S9

If unknown, contact NZX

Details of securities issued pursuant to this event If more than one class of security is to be issued, use a separate form for each class.

Description of the class of securities

Number of Securities to be issued following event

Conversion, Maturity, Call Payable or Exercise Date

/SIN

Minimum

Entitlement

Treatment of Fractions

D

If unknown, contact NZX Ratio, e.g

G)forQ '"

-----"

Strike price per security for any issue in lieu or date Stn·ke Price available.

Enter NIA if not applicable

D

Tick if

pari passu OR

provide an explanation of the ranking

Monies Associated with Event Dividend payable, Callpayable, Exercise price, Conversion price, Redemption price, Application money.

In dollars and cents

Amount per security $O OGO

(does not include any excludedincome ·-----------

Source of

Payment

Excluded income per security (only applicable to listed PIEs)

Currency

Total monies

1$18,754,587

Supplementary IAmount per security

dMdend in dollars and cents

details ·

NZSX Listing Rule 7.12.7L Date Payable

1 $0.010588

130 March, 2017

Taxation Amount per Secun"ty in Dollars and cents 10 six decimal places

In the case of a taxable bonus issue state strike price

Resident

Withholding Tax

Foreign

Withholding Tax

1$0.004167

!mputatio Credit $O 023333

(Give details) -------------

FOP Credits (Give details)

Timing (Refer Appendix 8 in the NZSX Listing Rules)

Record Date 5pm

For calculation of entitlements·

Notice Date

Entitlement fellers, call notices,

conversion notices mailed

I16th March 2017

Application Date

A/so, Call Payable, Dividend I

Interest Payable, Exercise Date,

Conversion Date. J 3oth March 2017

Allotment Date

For theissue of new securities. Must be within 5 business days of application closing date.

OFFICE USE ONLY

Ex Dato:

Corrmcnco Ouotmg Rights: Cease Quotirig Rights 5pm:

Ccrrwnonco Quoting Now Sacurilias:

Ca11se Quoting Old Security 5pm:

::,ecumy Looe:

i:;ecunty t.:ode: